• Butterball acquisition creates a turkey titan

    Carolina Turkeys has completed the purchase of Butterball Turkey from ConAgra Foods Inc for $325 million. This acquisition repositions Mt Olive NC-based
    Nov. 1, 2006

    Carolina Turkeys has completed the purchase of Butterball Turkey from ConAgra Foods Inc for $325 million.

    This acquisition repositions Mt Olive NC-based Carolina Turkeys as a leading national turkey producer. The expanded company expects production to reach 1.4 billion pounds in 2006, or 20% of total turkey production in the United States. Effective Oct 2, 2006, Carolina Turkeys' company name has changed to Butterball LLC.

    Besides the Butterball brand, Carolina Turkeys has acquired five processing plants in Huntsville AR, Ozark AR, Jonesboro AR, Carthage MO, and Longmont CO. These plants combined have more than 3,200 employees, though no layoffs are expected as a result of the acquisition.

    Established in 1986, Carolina Turkeys is a joint venture of Smithfield Foods Inc and Maxwell Farms Inc, an affiliate of the Goldsboro Milling Co.

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Sign up for our free eNewsletters

    Latest from Refrigerated Transporter

    Penske
    penske_logistics___2025_state_of_logistics_report_
    The Council of Supply Chain Management Professionals’ latest report indicates trucking businesses continue to face economic uncertainty.
    Orbcomm
    orbcommcrewviewbayviewinterface
    New onboard solution enables end-to-end visibility for smart refrigerated and dry van containers in real time while in transit.
    Optimal Dynamics
    Halvor Lines recently took a “data-driven leap forward” by partnering with Optimal Dynamics to automate and optimize freight decisions.
    A new partnership with Optimal Dynamics is helping the family-owned trucking company automate freight decisions across its complex enterprise network.